News Releases for March 2008

Tips for Tax Filers on Economic Stimulus Payments
IR-2008-51, March 27, 2008 — The Internal Revenue Service today urged taxpayers eligible for the economic stimulus payment to file their tax return now in order to get their payment in a timely manner. Also includes filing season statistics.

Use of Free File Growing in 2008
IR-2008-47, March 20, 2008 — The continued growth of Free File shows taxpayers are taking advantage of the program’s benefits, which include free electronic return preparation and filing of tax returns, as well as quicker refunds with direct deposit.

IRS Releases 2007 Data Book
IR-2008-43, March 14, 2008 — The IRS released the 2007 IRS Data Book, which is an annual snapshot of IRS activities for a given fiscal year.

Statement of Commissioner Douglas H. Shulman
The Senate has Confirmed Douglas H. Shulman as the new IRS Commissioner.

IRS Encourages Organizations on Outreach to Low-Income Workers
IR-2008-42, March 14, 2008 — As part of a national outreach effort, the Internal Revenue Service today encouraged nonprofits, charities and other community groups to reach out to low-income Americans who may not realize they are eligible for the 2008 economic stimulus payment.

IRS Guidance on LIFO Pooling for Resellers of Cars, Light-Duty Trucks
IR-2008-36, March 7, 2008 — Using the Industry Issue Resolution (IIR) program, the IRS today issued guidance regarding the proper pooling treatment of automobiles, light-duty trucks, and crossover vehicles which have characteristics of trucks and cars under the dollar-value, last-in, first out (LIFO) inventory method.

Electronic Filing Off To Strong Start
IR-2008-32 , March 3, 2008 — The Internal Revenue Service announced that e-file is off to a fast start in 2008 with more than 38 million tax returns filed electronically so far.

IRS Seeks New Issues for the Industry Issue Resolution Program
IR-2008-31, March 3, 2008 — The IRS is encouraging business taxpayers, associations and other interested parties to submit to the Industry Issue Resolution (IIR) Program tax issues for resolution involving a controversy, a dispute or an unnecessary burden on taxpayers.